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You can invest as little as $1,000 in each property which means you can develop a portfolio of different land types and in different regions for this diversification. In addition, you get professional management of the projects. The project owners send all debt or equity payouts throughout the system and it gets passed on to investors. .

Since these are longer-term jobs, short-term economy hiccups shouldnt affect them. Real estate costs may occur after the economy somewhat but there's still that natural demand from homeowners and commercial users so that supports prices.

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I surveyed property crowdfunding websites on returns and found that debt investments average around 9 percent whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as you can. .

Clients to the channel have probably already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and have 10 novels that averaged $1,857 per month this past year.

Before you think you cant write a novel, anyone can do this and it is so straightforward. In reality, self-publishing is a natural fit for bloggers because youre already writing the content. All you have to do is reformat it and turn it into a book for another income source.

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Im making an average of $185 per month on each publication and you can produce a new book every few months if youre really concentrated. The best thing about self-publishing is that once you have it printed on Amazon, theres almost nothing left to perform. I spend about $20 per month on advertising for each publication and thats it. .

So if youre doing a novel every two months, youll have your own $ 5,000 a month in only over two years and now thats going to become consistent income every month even in the event that you stop writing.

Another investment I emphasized recently was p2p lending through Lending Club. Ive been investing in p2p for a couple of years now and have reserved returns only under 10%. Now that might not sound fantastic against double-digit stock returns but its double what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you already have money in them via any pension plan or insurance. You see banks sell their loans to investors that need reliable cash flow so their biggest buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans so about $1,000 on every $10,000 invested. Now thats a calendar year so youll need a bit invested to create that $5,000 per month but even a little portfolio will constantly be putting money in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I like about p2p investing on Lending Club is the websites automated investing instrument. You decide on the criteria for loans in which you want to invest and the program does the rest. It will search for loans every day which fulfill those factors and mechanically invest your money. Its important as youre collecting money on your loan investments every day so that you want to have that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club gets the investment entirely passive. I might only look at more info check in on my account once per month or even less often. I know that app is going to keep investing my money for a secure and passive return.

Our next passive income idea is another twist on crowdfunding known as Patreon. The site is promoted as a crowdfunding website for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is really how the arts used to work hundreds of years back. Back during the renaissance, artists utilized to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon gives you the opportunity to get patrons for your own works. You construct a community of individuals interested in your job, another usage of a site that will double-duty with this passive income plan, and then ask them to make contributions each time you produce something. .

Now patrons dont come away empty-handed, you offer rewards and copies of the work. So for a writer, you might offer copies of your books. You could promise to publicly thank patrons on your blog or to market something of theirs in the long run.